2904 NE 11TH TER (MLS: GC531940) For Sale

2904 NE 11TH TER, (Alachua), Gainesville Florida 32609

Currently Rented at $1,500.00 / month

Area: 1250

Property Info

  • MLS GC531940
  • Unit No -
  • Bedrooms 3
  • Bathrooms 1
  • Area (sqft) 1250
  • Living Area (sqft) 1080
  • Foundation Slab
  • Min Lease -

Interior Features

  • Other

Buy Price

$
$179,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 8.7%
  • Gross Yield
  • 10.1%
  • Lease End Date
  • January 27, 2027
  • Rent Amount

  • $1,500.00

Cash Flow

Cap Rate8.7 Gross Yield10.1% Annual Rent$18,000.00 Property Taxes$2,510.87 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $2,510.87 $12,554.35 $25,108.70
Net Cash Flow $15,489.13 $77,445.65 $154,891.30

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